Search found 126 matches

Return to advanced search

Re: How did you get from $1M to $10M

Thanks for the responses so far. 1. I want $10M because I want to spend it (meaningfully) and share it with others 2. My plan is to enjoy my work more and more as time goes by. So retiring is not a goal, it may be a choice at some point. 3. When I reach $10M, look for my next post of going from $10M...
by moneywise3
Thu Oct 16, 2014 3:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you get from $1M to $10M
Replies: 46
Views: 3974

How did you get from $1M to $10M

I am at $1M net worth. I have no plans of stopping here and next goal is $10M. I want to hear from people how they reached that level. I trust Brian Tracy "Your first million is the hardest, next 99 is inevitable". Did you just use the same investing strategy post $1M mark? Did you seek a ...
by moneywise3
Thu Oct 16, 2014 2:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you get from $1M to $10M
Replies: 46
Views: 3974

Re: Thoughts on getting out [of job]

Let me offer some alternate medicine: 1. Were you looking for quick results from therapy? My guess is you did not give it enough time to work. 2. If you hate office politics, just make sure you don't do it. The hate will go away. 3. Make sure you are living a balanced life - healthy eating, exercise...
by moneywise3
Tue Oct 14, 2014 2:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Thoughts on getting out [of job]
Replies: 35
Views: 4480

Re: Headed for a 300+ point loss today?

Stocks on sale today - for those who care. I don't.
by moneywise3
Thu Oct 09, 2014 2:48 pm
 
Forum: Investing - Theory, News & General
Topic: Headed for a 300+ point loss today?
Replies: 428
Views: 27780

Re: TAYLOR'S UPCOMING 90th BIRTHDAY

Happy B'day Taylor. It's an inspiration to see a 90 year old!
by moneywise3
Sat Jan 25, 2014 6:18 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Taylor's 90th Birthday
Replies: 272
Views: 22918

Re: What was your 2013 return?

Don't know and don't care. If market went up, my NW increased. If market was down, I bought cheap. I come in here to see if there are any threads on changes to boglehead philosophy. If not, I am golden!
by moneywise3
Thu Jan 02, 2014 12:40 am
 
Forum: Investing - Theory, News & General
Topic: [Poll] What was your 2013 return?
Replies: 209
Views: 9491

Re: Best new car-under $30K

I would go for Acura ILX with that budget! I have owned most every Japanese brand.
by moneywise3
Wed Dec 11, 2013 10:42 am
 
Forum: Personal Consumer Issues
Topic: Best new car-under $30K
Replies: 44
Views: 4299

Re: Asheville NC as a final destination

Lived in Asheville a couple of years. I think very highly of it. But my opinion is biased since we made a great group of friends pretty quickly. That made the whole experience such a pleasure. Downtown restaurants are awesome. Cost of living is not low. But the city has almost all amenities.
by moneywise3
Wed Nov 06, 2013 10:43 pm
 
Forum: Personal Consumer Issues
Topic: Asheville NC as a final destination
Replies: 65
Views: 4946

Re: A twist on dollar cost averaging

Value averaging has been around a long time. It may be too complicated for an average investor though, so its not popular. The other way of achieving VA is rebalancing. Save some transaction costs, you could achieve the same thing by monthly rebalancing.
by moneywise3
Wed Nov 06, 2013 3:48 pm
 
Forum: Investing - Theory, News & General
Topic: A twist on dollar cost averaging
Replies: 9
Views: 1991

Re: Your Dumbest Financial Move

These 2 are exactly my dumbest moves (although numbers are different). Not investing in stocks when I was in my twenties. I thought they were too risky. Second dumbest financial move: Buying stock in the company I worked for. My career already depended on the success of the company, so it was pretty...
by moneywise3
Sat Apr 27, 2013 2:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Your Dumbest Financial Move
Replies: 166
Views: 13261

Re: Bond quiz

Is there a tutorial on this somewhere?
by moneywise3
Mon Apr 15, 2013 10:35 am
 
Forum: Investing - Theory, News & General
Topic: Bond quiz
Replies: 25
Views: 1921

Roth+tIRA contributions in a tax year

How does IRS know if someone contributes to both traditional IRA and Roth IRA (above the limit)? AFAIK the trustee does not report IRA contributions (neither Roth nor traditional) to IRS. Individuals only report tIRA contributions when doing taxes. How does IRS find out if someone contributed 5k to ...
by moneywise3
Fri Apr 05, 2013 11:55 am
 
Forum: Personal Finance (Not Investing)
Topic: Roth+tIRA contributions in a tax year
Replies: 3
Views: 241

Re: 9 Good Financial Rules

Thank you
by moneywise3
Fri Mar 15, 2013 11:18 am
 
Forum: Investing - Theory, News & General
Topic: 9 Good Financial Rules
Replies: 8
Views: 1821

Re: I hit my number today.

Congrats! I am working on hitting mine...
Was it $1,000,000 by any chance? Only if you care to share.
by moneywise3
Wed Mar 06, 2013 9:31 pm
 
Forum: Investing - Theory, News & General
Topic: I hit my number today.
Replies: 74
Views: 7378

Re: Is Med School still a good financial investment?

With so many uncertainties, your best bet is to get in a career you love. Whichever way it turns out financially, you will be sure to be doing the work you love.
by moneywise3
Thu Feb 28, 2013 4:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is Med School still a good financial investment?
Replies: 123
Views: 7969

Re: Is Med School still a good financial investment?

Maybe, it is a good financial investment. But that is a wrong way to make a career choice. You can't force an interest of something on yourself at age 24.
If you don't end up liking practicing medicine, there is little else you can do with a MD degree.
by moneywise3
Wed Feb 27, 2013 4:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is Med School still a good financial investment?
Replies: 123
Views: 7969

Re: Paid off the mortgage on Friday!

Congrats!!
by moneywise3
Mon Feb 25, 2013 4:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paid off the mortgage on Friday!
Replies: 38
Views: 3423

Re: Two Comma Club

Congratulations!!
I am working on mine.
by moneywise3
Thu Jan 24, 2013 12:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 192
Views: 24269

Re: boglehead joke

If a boglehead was walking on the street there had to be a good reason, probably worth more than $100! Like healthy living, going to see a loved one etc.

You get the point - a boglehead doesn't even go where there is only a slight chance of returns.
by moneywise3
Fri Jan 11, 2013 5:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: boglehead joke
Replies: 18
Views: 1314

Re: Buy now...retire there later?

Doesn't look like there is any downside to buying now.
by moneywise3
Tue Jan 08, 2013 2:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: Buy now...retire there later?
Replies: 40
Views: 3826

Re: Homeowner's Insurance Premium - Rules of Thumb

One factor in premiums is cost of constructing the building (sans the land). So 100k and 200k home premiums won't exactly be a factor of 2. Then there are numerous other factors.
by moneywise3
Tue Jan 08, 2013 2:29 pm
 
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance Premium - Rules of Thumb
Replies: 2
Views: 529

Re: Considering going for PhD

Thanks for all the replies.
by moneywise3
Thu Jan 03, 2013 4:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Considering going for PhD
Replies: 39
Views: 3835

Gratitude

I want to thank the Boglehead community for all the help. You guys provide an intellectually stimulating discussion on virtually any topic. I realized during this holiday season that this site has become a big part of my life. Season's greetings to all.
by moneywise3
Sun Dec 30, 2012 11:10 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Gratitude
Replies: 10
Views: 1901

Re: My Christmas gift for you.

It's an honor to be in company of people like you. Good to know you are 88 and going strong!
by moneywise3
Mon Dec 24, 2012 10:51 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas gift for you.
Replies: 40
Views: 5032

Re: Scott Burns is investing in Gold

"Stock picking is a great way to renew humility." LOL good one.
Merry Christmas to all.
by moneywise3
Mon Dec 24, 2012 10:44 pm
 
Forum: Investing - Theory, News & General
Topic: Scott Burns is investing in Gold
Replies: 126
Views: 8792

Re: How are we doing at 35?

Congratulations on the high household income. Do you have an IPS? Might want to have that first.
by moneywise3
Thu Dec 20, 2012 11:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: How are we doing at 35?
Replies: 27
Views: 3682

Bonds = Cash ??

My AA calls for 20% bonds and 20% cash. This cash includes 6 months living expenses. Currently the allocation happens to be 10% bonds and 30% cash. Most of my cash is in CDs. These CDs are paying 2-3%. Given the current state of bonds, is it OK to keep it that way? My simplistic argument is bonds ar...
by moneywise3
Wed Dec 19, 2012 9:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Bonds = Cash ??
Replies: 5
Views: 444

Re: Purchase of Gold

Any particular reason you want to store in a canadian bank? Most gold traders offer their own safes.
by moneywise3
Fri Dec 14, 2012 5:38 pm
 
Forum: Investing - Theory, News & General
Topic: Purchase of Gold
Replies: 27
Views: 2121

Re: Austin, TX

Rubiosa wrote:Life's too short to live anywhere but Austin.

and the reasons are...
by moneywise3
Thu Dec 13, 2012 9:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Austin, TX
Replies: 24
Views: 2280

Re: PenFed auto loan at 1.49%

You have to ask what % of your total portfolio is the cost of the car. I have been in similar situation, and went the cash way. It's a hit on credit score to get a loan, you have to keep track of payments every month etc. Life is easier with one less loan. Unless that 20k loan is a big % of your tot...
by moneywise3
Thu Dec 13, 2012 3:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: PenFed auto loan at 1.49%
Replies: 29
Views: 1819

Re: Austin, TX

Thank you all
by moneywise3
Thu Dec 13, 2012 9:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Austin, TX
Replies: 24
Views: 2280

Austin, TX

I will be looking for a job in tech field next year. Trying to decide where to relocate - Austin pops up often as a good place for technology jobs. What are the plus and minuses of Austin? I know very little about the place. Assume being Texas the cost of living should be low. How is housing, commut...
by moneywise3
Wed Dec 12, 2012 9:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Austin, TX
Replies: 24
Views: 2280

Re: Is gold finally stalling out?

I think it is recency bias
Are stocks finally stalling out: Stock indexes have not gone anywhere in last 7 years (valid in 2009)
Is housing finally stalling out: Home prices have not gone anywhere in last 5 years
by moneywise3
Wed Dec 05, 2012 2:28 pm
 
Forum: Investing - Theory, News & General
Topic: Is gold finally stalling out?
Replies: 105
Views: 3642

Re: What was your mid-life crisis

Thank you all for intuitive replies.
by moneywise3
Thu Nov 29, 2012 8:56 am
 
Forum: Personal Finance (Not Investing)
Topic: What was your mid-life crisis
Replies: 53
Views: 5237

What was your mid-life crisis

This is partly light discussion but also will help me relate to the rest of the group. I am listing mine below. Please go into the level of detail you feel comfortable. 1. Career dissatifaction - not climbed enough ladder, salary below peers. Even questioning if I am in the right line of work. 2. Ma...
by moneywise3
Wed Nov 28, 2012 3:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: What was your mid-life crisis
Replies: 53
Views: 5237

Re: U.S. stocks in freefall

OK, made me look. Haven't checked the Dow in several weeks. Can't find my magnifying glass, so let's just sorta look at the big picture without getting bogged down in fine details... http://i45.tinypic.com/2evyeyf.jpg Nope, nothing much going on. Awesome! This puts most questions to rest.
by moneywise3
Fri Nov 16, 2012 10:54 pm
 
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 941
Views: 156363

Re: Advise on investment property

$1100 includes insurance, tax, HOA fees. HOA covers roof and siding. Its a 5 year old community, so hopefully low maintenance. I expect in best case scenario, it will be 10-15% ROI.
by moneywise3
Fri Nov 09, 2012 9:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advise on investment property
Replies: 8
Views: 706

Advise on investment property

We are considering buying a townhome. The motivation is to catch an upswing in home values and low interest rates. It's hard to guess what the rental market is really like, but have seen some ads on Craigslist. We are currently happy living in a rental property. Might buy a home after a year. My AA ...
by moneywise3
Fri Nov 09, 2012 9:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advise on investment property
Replies: 8
Views: 706

Re: Engineer changing careers

Thanks again for the replies.
by moneywise3
Wed Nov 07, 2012 10:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engineer changing careers
Replies: 14
Views: 2012

Re: Engineer changing careers

Thank you for the replies. I am not exactly sure what I will do in energy sector. It just sounds sexy. The masters program I am considering covers power generation, T&D, energy policy etc. With the new degree I should get a job in an energy company or a different job within my company. I may or ...
by moneywise3
Mon Nov 05, 2012 12:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engineer changing careers
Replies: 14
Views: 2012

Engineer changing careers

Hope to get feedback from practicing engineers and others familiar with Energy field. Want to change careers from embedded software to energy (green, renewable, generation/transmission etc). Have worked 10+ years in SWfield and don't see salary going up further. I see young engineers from India can ...
by moneywise3
Sun Nov 04, 2012 9:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engineer changing careers
Replies: 14
Views: 2012

Re: FICO Score of 835

Here's an idea which seems very unethical, but is not illegal: think of anything you'll be purchasing during the next 5-10 years that you can pay for with credit cards (vehicle, home improvements, vacations, etc.), run up a ton of credit card debt now buying all that stuff, then don't make any cred...
by moneywise3
Wed Oct 24, 2012 4:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: FICO Score of 835
Replies: 57
Views: 8142

Re: FICO Score of 835

I talked to the loan officer of a top national lender. Anything above 680 gets you the best rate. This was in last 6 months.
by moneywise3
Wed Oct 24, 2012 4:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: FICO Score of 835
Replies: 57
Views: 8142

Re: Mid-20s w/ $2M - please review my plan

Don't have any additional advise to offer. But privileged to be in the company of millionaires in their 20s.
by moneywise3
Wed Oct 17, 2012 12:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mid-20s w/ $2M - please review my plan
Replies: 56
Views: 5054

Re: Previously owned home papers

Thanks for the responses
by moneywise3
Fri Oct 05, 2012 9:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Previously owned home papers
Replies: 7
Views: 664

Previously owned home papers

Is there a reason to keep records of a home I used own? I bought the home in 2006 and sold in 2011.
by moneywise3
Thu Oct 04, 2012 2:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Previously owned home papers
Replies: 7
Views: 664

Re: Possible mid-life crisis - please help

Yes you have enough. Retire before it is too late to enjoy the money.
by moneywise3
Mon Aug 27, 2012 9:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Possible mid-life crisis - please help
Replies: 94
Views: 11520
Next

Return to advanced search